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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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2387581
post Mar 30 2017, 07:43 PM

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QUOTE(Nemozai @ Mar 30 2017, 06:46 PM)
We actually can ask them fund recommendation in the live chat? I thought that is for platform technical inquiries only? 🤔😮
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did you even try? I can quote xuzen and his maggie mee line.

https://www.fundsupermart.com.my/main/home/cis.tpl
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If you have any queries such as "How to start investing in unit trusts?", "What unit trusts are suitable for me?", "How do I buy unit trusts online at Fundsupermart.com website?" We are here to help you and are happy to answer any questions/enquiries with regards to below :
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2387581
post Mar 31 2017, 01:08 AM

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QUOTE(wengherng @ Mar 31 2017, 01:01 AM)
Actually, there's a question I've been meaning to ask for quite some time but always forgot to.
What's this deal with the Ponzi 1.0 and Ponzi 2.0 names?
What funds are they, actually?
And how did they end up with such nicknames?
confused.gif
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You mean you want to check out Page 1 of this thread. Also while you're at it, feel free to google "Ponzi".
2387581
post Mar 31 2017, 10:01 AM

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QUOTE(wengherng @ Mar 31 2017, 09:58 AM)
Ah OK OK.
Sorry for my ignorance, yes I should have checked the first page myself.
Yes I am well aware of what the Ponzi scheme is, it was just that I was curious why these funds would be called such, as the name "Ponzi" has such a negative connotation to it, I thought there was something fundamentally wrong with these funds.
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Perhaps because historically these funds have performance akin to the returns promised by real Ponzi schemes.
2387581
post Mar 31 2017, 08:37 PM

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QUOTE(puchongite @ Mar 31 2017, 08:01 PM)
Interpac has only 2 funds, both are equity funds with 0% sc and 1 year lock in. Read the factsheets.
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QUOTE(puchongite @ Mar 31 2017, 08:27 PM)
That's why they do the minimum holding period.

But when really bad, people might still dump it and pay the 1% redemption fees.

Amitabha.
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But did you read the article?

QUOTE
However, the good news is starting 1st of April, FSM will waive the 1% exit fee permanently for all of our investors.

2387581
post Mar 31 2017, 09:08 PM

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QUOTE(ironman16 @ Mar 31 2017, 09:00 PM)
However, the good news is starting 1st of April, FSM will waive the 1% exit fee permanently for all of our investors.

Where you find this sentences?  brows.gif ....sure got waived?
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confirm you didn't read la...don't be a lazy bum.
2387581
post Apr 1 2017, 12:27 AM

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QUOTE(Nemozai @ Apr 1 2017, 12:08 AM)
Do you guys remember what date is today? 😉🤔
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clearly their thoughts move ahead of you.

yes, economies of scale. just like why prices could be cheaper in tesco, they have the numbers. or like the milk in aussie supermarkets. I was living there when the two major supermarkets (coles and woolies) sell 1L milk for $1.....to drive out other competitors and gain monopoly, then you know what happens. I left for good when they are still selling at $1 but many hipster were protesting, so I have no idea what was the development. But then you know what I mean. Look closer to home we have Tenaga.
2387581
post Apr 1 2017, 03:59 PM

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QUOTE(jusTinMM @ Apr 1 2017, 03:57 PM)
Hi All,
I'm just got to know about this. Previously all my extra monies just put into FD which growing about 4% per year. Any recommended fund for newbie like me? I don't mind the ROI is low, as beginner I'm wanna try, learn and experience it. Thanks.
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1. Read first page.
2. Go to fundsupermart.com.my and click on 'Research' - 'Recommended Funds'
2387581
post Apr 1 2017, 06:44 PM

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QUOTE(Avangelice @ Apr 1 2017, 04:51 PM)
what's with the disclaimers
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Basically it means, go f*** yourself, politically correct version. In finance and law especially, people like to complicate things. I think that's also what doctors gave patients to sign before surgery...I think you would understand better. If you died, go f yourself. Likewise, if you lose money, go f yourself. rclxs0.gif
2387581
post Apr 1 2017, 08:15 PM

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QUOTE(Ramjade @ Apr 1 2017, 07:57 PM)
How you know? Maybe they turun it once every 5 years devil.gif  tongue.gif
If they really turun once every 5 years, it will take them ages to decrease to 0% devil.gif
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This is just like one predicting whether the market or a certain fund or counter to go up or down...
Need to call our in-house crystalballzâ„¢ to confirm.
2387581
post Apr 3 2017, 05:33 PM

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I'm just gonna ask, is the company issuing a bond must be a publicly traded company?

Can a company issue a bond, take all money and then one way or another declares bankruptcy, defaulting all bonds. All monies are paid to the mangers first, and nothing left for debtors. Later the same managers set up another company, issues bond, declares bankrupt...can this happen? Credit rating only limited to companies not the individuals behind it? I'm asking without any legal knowledge relating to this.
2387581
post Apr 4 2017, 09:46 AM

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QUOTE(drew86 @ Apr 4 2017, 07:44 AM)
OT a bit

Decided to go update my portfolio in the excel sheet for IRR since i last did it early last year. I don't know if it's something I've done wrong or what. I've followed all the instructions strictly and yet it seems that I can only add rows without messing the whole sheet up if I ungroup all cells before doing so. Anyone care to shine a light here? Using Office 2007 (if that matters)

This issue was brought up a couple of weeks ago, but I still can't get it done without first ungrouping all cells. Shouldn't the groups automatically expand itself when we add rows? Hmmm...

Credits and many thanks to Pinky and polarbearz for the sheets though!
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Refer this post before someone tells you to 'follow instructions' despite you have informed so.

I haven't tried it so I couldn't verify, because I have no capital to do any actions for the past 2 months bye.gif

This post has been edited by 2387581: Apr 4 2017, 09:48 AM
2387581
post Apr 5 2017, 03:33 PM

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QUOTE(gark @ Apr 5 2017, 02:34 PM)
Yeah after working >10 years oversea.. now might come back to work in MY, so need to prepare tax.  tongue.gif

So long never file for income tax.. now kira2 my potential yearly tax, the figure almost blew me off the floor..  mad.gif

So now have to cari lobang..  blush.gif
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This is gonna be OT.

I heard this from somewhere, not verified.

If you are working for someone/some company else, you may try to set up a company, and put that company on a contract with your employer. Your income will go to that company which you set up, and you pay your own salary from the company's account. That way you may save more on taxes. If my memory serves me correct, from RM70,001-100,000 you will be paying 21% tax, compared to corporate income first RM500,000 you are being charged 18% tax.

So your company income from your employer (by contract) minus your own personal income by salary payable by your company (maxing up to the lower tax bracket) your overall taxable income should be lower. Under 2016 Malaysia Companies Act amendment, you can set up a Sdn Bhd with your own (no need minimum 2 person) and since there's only 1 person registering the Sdn Bhd, there is no minimum paid-up capital (if I'm not mistaken - needs a lawyer, or your tax accountant to verify)

This is so complicated I'm not sure if I understand the overall concept and you may not understand what I'm trying to say. But the bottom line is that if your income is so enormous that tax has become complicated, I think better get a tax accountant to do the job. Better ask in the tax thread.

Since I'm not a company owner, so corporate tax is beyond my knowledge and I cannot provide further informed information, above could be a direction you can explore.

This post has been edited by 2387581: Apr 5 2017, 03:35 PM
2387581
post Apr 7 2017, 12:35 AM

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QUOTE(Avangelice @ Apr 7 2017, 12:24 AM)
....... fookin disclaimers mate. it's like a green card to I fucked up but my disclaimer gives me the right of passage to do whatever I want.
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The house always win.
2387581
post Apr 7 2017, 09:51 AM

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QUOTE(puchongite @ Apr 7 2017, 08:08 AM)
The little info that I have is that ponzi 2 is also managed by a woman.
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Sorry to say but...

http://my.morningstar.com/ap/quicktake/management.aspx?PerformanceId=0P0000SVIH&activetab=Management

Manager Name Ken Goh
Mgr Start Date 2011-04-25
Biography
"Mr Goh is the designated person responsible for the investment management of the foreign investments of this Fund. He joined CIMB-Principal (S) in January 2007 as CEO / Director. Prior to joining CIMB-Principal (S), Mr Goh was Director of Investment and served as an Executive Director on the management team at APS Asset Management. From June 2004 to February 2005, he was Head of Investment Advisory, Asia for MeesPierson. Mr Goh has also served as Chief Investment Officer, Singapore for Allianz Dresdner Asset Management as well as Executive Director of Phillip Capital Management during its start-up phase. From 1994 to 2000, Mr Goh served as a Manager with the GIC (Government of Singapore Investment Corp). Mr Goh graduated from the National University of Singapore as Bachelor of Business Administration with a 1st Class Honors. He is a Chartered Financial Analyst (CFA) charter-holder since 1997. "
2387581
post Apr 7 2017, 10:22 AM

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QUOTE(puchongite @ Apr 7 2017, 10:15 AM)
Not that this is particularly important, the thread activities here have been a little quiet, so we can continue to stretch a bit .....

Ken Goh is mentioned to have joined CIMB as CEO/Director. As a CEO, would he really go and manage a particular fund ?

Alternative links on the internet :-

https://sg.linkedin.com/in/roslin-zhu-6043606

Look at the "Pengalaman" portion it is mentioned that she is the sole fund manager for CIMB-Principal Dynamic Income fund from 2011 till now.
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thumbup.gif rclxms.gif
oh we ought to update this info in the first page!
2387581
post Apr 13 2017, 02:05 PM

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QUOTE(shankar_dass93 @ Apr 13 2017, 01:36 PM)
Nah, i was first skeptical to get into Gold as various economic indicators pointed that the economy is strong, investor being taken up by trumps policies, more trade deals etc but seeing the recent tension between things in the markets made me  to have a small stake in the given commodity.
Had some profits from my trading so decided to dump them into UT.

That's it icon_rolleyes.gif
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Buy Gold. Buy Yen.
2387581
post Apr 15 2017, 02:16 AM

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I was watching KCLau's Webinar on UT (recommended for new investors) and they mentioned iFAST is a different business arm which offers advisers....but couldn't find their fee structure in the iFAST website.
According to the speaker, Intra and Inter switches with iFAST is no charge...? Probably good for goreng type investor... I'm pretty sure they priced it into their fee, but I couldn't find it.
2387581
post Apr 19 2017, 11:53 PM

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QUOTE(ganaesan @ Apr 19 2017, 11:47 PM)
since election is just around the corner, can we time the market?

1. What would be the outcome before election?
    a). market drop?
    b). market increase?

and

2. What would be the outcome after election?
    a). if BN wins more seats?
    b). if BN loses more seats?
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you need to ask our in-house crystalballz xuzen
2387581
post Apr 20 2017, 12:55 AM

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QUOTE(aoisky @ Apr 20 2017, 12:48 AM)
Interesting, what if BN unable to win GE14
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it will be better for humanity.
2387581
post Apr 20 2017, 09:56 PM

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QUOTE(shankar_dass93 @ Apr 20 2017, 08:50 PM)
ramjade would probably seek for a career in SG particularly with POEMS or eUT
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Maybe they cannot afford to hire people because well, they don't have profit from sales charge. tongue.gif

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